Hoping to hear what other people on this site have done in this situation.

You can use this site for tons of knowledge and also the networking is amazing .

Great that you joined the site!

I tried editing it a few times and I typed it correctly but this site, for some reason, jumbled what I typed so I apologize for that!

It boggles my mind when I see brand-new investors talking about setting up an LLC for each property, bank accounts for each LLC, hiring a CPA, developing a business logo, setting up a web site, etc.People set up an LLC to protect themselves.

Great that you joined the site!

I don't know if it's reasonable to expect any company to provide same or next day service, and I am well aware of the major disadvantage in the building being too small to have an on-site manager & maintenance person, but those delays in my opinion are dragging the performance down.I doubt I overpaid for this.

Also house failed to appraise for their increased value, they refused to negotiate, so it went back on market and sat for months.

i recently had a failed 1031. closing date of sale of property was 10-10-2017 my 1031 exchange did not go through, i received my proceeds of the sale on 04-19-2018  how do i claim this on my taxes and in what year. can anyon help

(Though, there are certainly better ways to invest your money.)However, if I put $10k down on a $180,000 multifamily property that has even a -$5 monthly cash flow due to a 15 year fixed rate loan, the consensus on this site seems to be it's a "bad deal."